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Credit Crunched Into Unemployment

Submitted by jaded on Thu, 08/21/2008 - 10:53.
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I've been credit crunched out of a banking analyst job, after a 2 year contract.

A good thing about a downturn is that being on the bench is socially acceptable, to the extent that unemployed IT contractors have much of a peer group, anyway. The bad part is that when the summer ends, and you have to think about going to work, then the competition is stiff and rates are down.

Anyways, I have a couple of things to share with you:
1) Being unemployed is fine until you start getting money problems, then even a shit job is better, really it is. If job is shit, look for different job.